Digital asset service providers will need to be AML & CTF compliant in the not so distant future
All e-wallet providers and digital asset exchanges will have no choice but to be legally registered
The digital asset world understands that it needs to adopt crime control strategies
Public digital asset transactions are traceable and compliance officers are tracking fund flows
6AMLD will now hold, not just individuals, but legal entities to account for liable
Crypto service providers will need to ensure that staff are trained to identify risks associated with potential criminal behavior
Crystal efficiently tracked payments from the victims of the WannaCry virus. It took four days for the virus to spread across 150 countries - it took Crystal only 3 hours to locate the online entity extorting payments from the affected users.
It is often difficult for users to know whether a mining service is trustworthy. Read on to see how Crystal can be used for due diligence before signing up for a mining service.
Regulations from the Financial Action Task Force (FATF) and the 6th Anti-Money Laundering Directive (6AMLD), mean that cryptocurrency services, and businesses exposed indirectly to cryptocurrencies, need to get …
In the latest product update, Crystal has added support for Ethereum classic, as well as commenting pins and grid options to the visualization tool
In the latest product update, support for Bitcoin SV has been added to the platform, along with dashboard visualization improvements, and further expansion of offchain coverage.
An analysis of cryptocurrency transactions made by crypto-criminals post-theft between 2015 and 2020, with a look at the fund flow patterns made using this stolen crypto.
At the V20 Summit in November 2020, the co-chair of the FATF’s Virtual Asset Contact Group, Sandra Garcia, stated that regulatory requirements for P2P exchanges may emerge in 2021 to combat AML, as they come under …